October 2015 – Metering Dynamics – Changes to Meter Churn Rules & Embedded Network Case Study
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Changes to Meter Churn Rules as of Sept 2015
As of 1st September 2015, AEMO have implemented new rules surrounding the Meter Churn Data Management Procedure and Meter Churn Procedures for Financially Responsible Market Participants for type 1-4 metering. The purpose of initiating the rules is to remove inconsistencies on Meter Churn.
The following table is a brief summary of the impacted processes:
For more detailed information or to see how these changes may affect you or your business, please read the full article here.
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Case Study – Embedded Networks
One of Australia’s largest property management companies recently engaged Metering Dynamics to supply, install and commission an embedded network into a prestigious property in Sydney’s CBD.
The multi tenanted commercial high rise is nestled in the heart of Sydney’s CBD and hosts a range of tenants, from major blue chips through to smaller retail outlets, café’s and meeting areas.
Metering Dynamics was engaged to install a compliant metering system that would enable the property management company, who are also a registered Embedded Network Operator (ENO), to accurately on-bill the tenants for their consumption. This provided the tenants with a competitive market rate, whilst also providing an additional revenue stream for the property management company.
Establishing an embedded network correctly means installing compliant metering infrastructure at the same high standard as contestable/market metering. In addition knowledge of the Parent, Child and Orphan processes, LNSP requirements, and engaging with a licenced Embedded Network Operator ensures the process is smooth and trouble free.
For this Sydney site, that meant installing over 60 tenant meters and 3 new gate meters. Comprising single and three phase meters the new infrastructure was networked to a remote communication system to enable the supply of monthly data to their billing agent. Liaison with the LNSP to ensure the correct notification process occurred and removed assets were returned also occurred.
By having a remotely read system the costs and associated issues (access, accuracy etc.) of manually reading the metering systems are removed and a reliable supply of billing data is established.
For suitable sites, payback on capital is generally under two years. Payback periods for new developments are usually under a year, though these payback periods do depend on the take up rates.
If you would like further information regarding Embedded Networks, or have an enquiry about a site you manage, please contact our sales team – sales@meteringdynamics.com.au
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Did you know
In July 2015 Metering Dynamics’ head office moved to Newstead OLD. Click here to view our current contact information.
